IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in GOA - SOUTH GOA - MARGAO - MARGAO

THE SHAMRAO VITHAL COOPERATIVE BANK RTGS HO Branch in MARGAO - Address, IFSC, MICR Code


IFSC Code

SVCB0000123

MICR Code

403089003

Branch

MARGAO

Contact

9158332310

Address

GROUND FLOOR SHOP NO 1& 2 VASANT ARCADECOMBA MARGAO GOA- 403601

City

MARGAO

District

SOUTH GOA

State

GOA





What is IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at MARGAO- RTGS-HO?
IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at MARGAO - RTGS-HO is

SVCB0000123

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.